InvestorQ : How have been the airline passenger traffic and what it means for Indigo and Spice Jet?
Sam Eswaran made post

How have been the airline passenger traffic and what it means for Indigo and Spice Jet?

Answer
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Ria Jain answered.
3 months ago


Air passenger traffic for June 2020 fell by 83.5% to 19.84 lakh passengers due to the lag effect of the pandemic. Passenger load factor of PLF for June was closer to 50%. This applied to Spice Jet and Indigo also. In June, the largest airline Indigo flew 11.89 lakh passengers, a market share of 52.5%. Spice Jet carried 3.82 lakh passengers, a market share of 16.9%.